Returns to Retail Banking and Payments
Tóm tắt
Từ khóa
Tài liệu tham khảo
Amromin G, Chakravorti S (2009) Whither loose change? The diminishing demand for small-denomination currency. J Money Credit Bank 41(2–3):315–335
Barth JR, Caprio G Jr, Levine R (2001) The regulation and supervision of banks around the world: a new database. In: Litan RE, Herring R (eds) Integrating emerging market countries into the global financial system. Brookings Institution Press, Washington
Behr P, Schmidt RH, Xie R (2010) Market structure, capital regulation and bank risk taking. J Financ Serv Res 37(2–3):131–158
Beijnen C, Bolt W (2009) Size matters: economies of scale in the European payments market. J Bank Finance 33:203–210
Berger AN, DeYoung R (2006) Technological progress and the geographic expansion of commercial banks. J Money Credit Bank 38(6):1483–1513
Berger AN, Mester LJ (1997) Inside the black box: what explains differences in the efficiencies of financial institutions. J Bank Finance 21:895–947
Berger AN, Hancock D, Marquardt JC (1996) A framework for analyzing efficiency, risks, costs, and innovations in the payments system. J Money Credit Bank 28(Part 2):696–732
Berger AN, Hasan I, Klapper L (2004) Further evidence on the link between finance and growth: an international analysis of community banking and economic performance. J Financ Serv Res 25:169–202
Berger AN, Klapper LF, Turk-Ariss R (2009) Bank competition and financial stability. J Financ Serv Res 35(2):99–118
BIS (2003) Policy issues for central banks in retail payments. Report of the Working Group on Retail Payment Systems, Committee on Payment and Settlement Systems, Bank for International Settlements, Basel.
Bolt W, Humphrey D (2007) Payment network scale economies, SEPA, and cash replacement. Rev Netw Econ 6:453–473
Bolt W, Humphrey D, Uittenbogaard R (2008) Transaction pricing and the adoption of electronic payments: a cross-country comparison. Int J Central Bank 4(1):89–123
Boston Consulting Group (2009) Global payments 2009: weathering the storm. Boston Consulting Group report, March.
Boyd J, Graham S (1986) Risk, regulation, and bank holding company expansion. Federal Reserve Bank of Minneapolis Quarterly Review (spring).
Brits H, Winder C (2005) Payments are no free lunch. De Nederlandsche Bank Occasional Studies 3 (2).
Campbell D, Jerez FAM, Tufano P (2008) Bouncing out of the banking system: an empirical analysis of involuntary bank account closures. Harvard Business School Working Paper.
Carlton D, Frankel A (1995) Antitrust and payment technologies. Fed Reserv Bank St Louis Rev 77(6):41–54
Chakravorti S, Kobor E (2002) Why invest in payment innovations? Federal Reserve Bank of Chicago Working Paper.
Chakravorti S, Rosen R (2006) Platform competition in two-sided markets: the case of payment networks. Rev Netw Econ 5(1):118–142
Čihák M, Hesse H (2010) Islamic banks and financial stability: an empirical analysis. J Financ Serv Res 38(2–3):95–113
Columba F (2009) Narrow money and transaction technology: new disaggregated evidence. J Econ Bus 61(4):312–325
DeYoung R, Rice T (2004) Noninterest income and financial performance at U.S. commercial banks. Finance Rev 39(1):101–127
Economidies NS (1993) Network economics with application to finance. Financ Market Inst Instrum 2(5):89–97
European Central Bank (2000) EU banks’ income structure. Banking Supervision Committee, April.
Fama EF, French KR (2004) The capital asset pricing model: theory and evidence. J Econ Perspect 18(3):25–46
Furst K, Lang W, Nolle D (1998) Technological innovation in banking and payments: industry trends and implications for banks. Office of the Controller of the Currency Quarterly Journal 17(3):23–31
Granger CWJ, Newbold P (1986) Forecasting economic time series. Academic, California
Gresvik O, Owre G (2003) Costs and income in the norwegian payment system 2001. An application of the activity based costing framework. Working Paper, Norges Bank Financial Infrastructure and Payment Systems Department.
Hirtle BJ (2007) The impact of network size on bank branch performance. J Bank Finance 31(12):3782–3805
Hirtle BJ, Stiroh KJ (2007) The return to retail and the performance of U.S. Banks. J Bank Finance 31:1101–1133
Humphrey D, Pulley LB, Vesala JM (1996) Cash, paper, and electronic payments: a cross-country analysis. J Money Credit Bank 28(Part 2):914–939
Humphrey D, Kim M, Vale B (2001) Realizing the gains from electronic payments: costs, pricing, and payment choice. J Money Credit Bank 33:216–234
Humphrey D, Willesson M, Lindblom T, Bergendahl G (2003) What does it cost to make a payment? Rev Netw Econ 2:159–174
Humphrey DB, Vale B (2004) Scale economies, bank mergers, and electronic payments: A spline function approach. J Bank Financ 28(7):1671–1696
Humphrey D, Willesson M, Bergendahl G, Lindblom T (2006) Benefits from a changing payment technology in European banking. J Bank Finance 30(6):1631–1652
Kahn C, Roberds W (2009) Why pay? an introduction to payments economics. Journal of Financial Intermediation 18:1–23
Kemppainen K (2003) Competition and regulation in European retail payment Systems. Bank of Finland Discussion Papers No. 16.
Kemppainen K (2008) Integrating European retail payment systems: some economics of SEPA. Bank of Finland Discussion Papers No. 22.
Leonard PA, Biswas R (1998) The impact of regulatory changes on the risk-taking behavior of state chartered savings banks. J Financ Serv Res 13(1):37–69
Lusardi A, Tufano P (2009) Debt literacy, financial experiences, and overindebtedness. National Bureau of Economic Research, Working Paper 14808.
Massoud N, Saunders A, Scholnick B (2006) The impact of ATM surcharges on large versus small Banks: is there a switching effect? J Bus 79(4):2099–2126
Radecki L (1999) Banks’ payments-driven revenues. Fed Reserv Bank New York Econ Pol Rev 4(2):53–70
Rice T (2003) The importance of payments-driven revenues to franchise value and in estimating bank performance. Emerging Payment Occasional Papers Series 2003-1D.
Rice T, Stranton K (2003) Estimating the volume of payments-driven revenues. Emerging Payment Occasional Papers Series 2003-1C.
Scholnick B (2009) Credit card use after the final mortgage payment: does the magnitude of income shocks matter? Mimeo.
Scholnick B, Massoud N, Saunders A, Carbo-Valverde S, Rodríguez-Fernández F (2007) The economics of credit cards, debit cards and ATMs: a survey and some new evidence. J Bank Finance 32(8):1468–1483
Sealey CW, Lindley JT (1977) Inputs, outputs, and theory of production cost at depository financial institutions. J Financ 32:1251–1266
Sinkey JF, Greenawalt MB (1991) Loan-loss experience and risk-taking behavior at large commercial banks. J Financ Serv Res 5(1):43–59
Sinkey JF, Nash RC (1993) Assessing the riskiness and profitability of credit-card banks. J Financ Serv Res 7(2):127–150
Stiroh K (2004) Diversification in banking: is non-interest income the answer? J Money Credit Bank 36(5):853–882
Stiroh K, Rumble A (2006) The dark side of diversification: the case of US financial holding companies. J Bank Finance 30(8):2131–2161
Zandi M and Singh V (2010) The impact of electronic payments on economic growth. economic analysis from Moody’s Economy.com